Saturday, 24 August 2019

Sterling Price Outlook: British Pound Recovery Faces First Test

Sterling has rallied 2% off the yearly lows with price now eyeing the first test of downtrend resistance. Here are the levels that matter on the GBP/USD weekly chart.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...